@2022 - All Right Reserved. Designed and Developed by Rev-Creations, Inc
964 results found in 1594 ms
Page 6 of 33
Economic conditions and challenges prevailing last year have moderated somewhat, given the steadfast approach by policy makers and regulatory authorities towards economic recovery. We appreciate their efforts, and our results bear testimony to the progress made. Nevertheless, the road ahead remains challenging. A meaningful government budget, continued success of the IMF program, general price sta...
Addressing the 58th Annual General Meeting of The Hotels Association of Sri Lanka (THASL) held on Monday (27) at Shangri-La Hotel, Colombo, President Ranil Wickremesinghe outlined a comprehensive strategy to propel the country’s tourism sector to new heights. Focused on surpassing the target of 5 million tourists and redefining traditional approaches, the President’s vision extends […]
New Sri Lankan diplomats set to assume duties in the respective countries, including India, Pakistan and Singapore, have been advised to bring fresh investments. The Ministry of Foreign Affairs concluded an orientation programme for 10 Heads of Mission-designate who were appointed by President Ranil Wickremesinghe. The Ambassadors-designate paid a courtesy call on President Ranil Wickremesinghe fo...
Monday 27th November, 2023 The SJB has commenced collecting signatures for a public petition as part of a campaign to have those who are responsible for the current economic crisis stripped of their civic rights. Given public resentment, which is palpable, the SJB may be able to obtain hundreds of thousands of signatures for its […]
By Amal JAYASINGHE Malé (Maldives) AFP: Rising sea levels threaten to swamp the Maldives and the Indian Ocean archipelago is already out of drinking water, but the new president says he has scrapped plans to relocate citizens. Instead, President Mohamed Muizzu promises the low-lying nation will beat back the waves through ambitious land reclamation and building […]
Budget 2024 is like a fairy tale rather than a pragmatic solution to pressing economic issues, SLPP MP Dr. Nalaka Godahewa has said. Taking part in the current budget debate, former State Minister said: “Two paramount challenges loom large—the persistent economic contraction and the escalating national debt. A practical budget should provide answers to these […]
Altogether 74,664 foreign tourists arrived in Sri Lanka in the first 15 days of November, according to the latest statistics released by the Sri Lanka Tourism Development Authority (SLTDA).
Budget highlights Following are the highlights of Budget proposals made by President Ranil Wickremesinghe in Parliament yesterday: New economic and political system The President said in order not to fall back into a crisis, the economic and political system of Sri Lanka must be created anew. He said that a new social consensus should be […]
* Tax revenue to be raised by 47.1% in 2024 * Rs 10,000 increase for public sector workers * Pensioners to get Rs 2,500 allowance * Rs. 450 bn reserved for bank recapitalization * Four new universities to be established * 20% of state banks to be given off by Saman Indrajith President Ranil Wickremesinghe, […]
President Ranil Wickremesinghe says a programme will be prepared to attract local and foreign tourists by modernizing the government-owned resorts and tourist bungalows and using them to promote tourism.
State Minister of Social Empowerment Anupa Pasqual attending a press conference held at the Presidential Media Center today (08), said that promoting accessible travel and creating an inclusive environment will be the theme for this year’s International Day of Persons with disabilities. The United Nations has declared December 3 as the International Day of Persons […]
MMBL- Pathfinder Joint Venture Intertek Lanka, the MMBL-Pathfinder joint venture with Intertek Caleb Brett (UK) is known for its expertise in qualitative and quantitative analytical assessment services to the oil and gas, chemical, and other commodities markets. In early 2021 Intertek Lanka invested in the Hambantota International Port, establishing an on-site state-of-the-art petroleum testing la...
By N Sathiya Moorthy In a television interview last month, Foreign Minister Ali Sabry reportedly said that the Government of President Ranil Wicrkemesinghe has taken ‘substantial steps to move away from a Welfare State’ in the last 18 months. And he said it not as if it was inevitable under the nation’s economic circumstances and […]
Cassandra is sick to her innermost core seeing on TV daily, multiple protests of motley crowds toting banners and marching all across roads and in many instances being tear gassed and water cannoned. She is sure that like her, five sixths of adult citizens in this doomed and gloomed land are sick of these protests. […]
By Shamindra Ferdinando Field Marshal Sarath Fonseka, MP, has stressed the pivotal importance of public protests against waste, corruption, irregularities and mismanagement.Alleging that those who had been entrusted with the task of governing the country have instead ruined it, Chairman of the Samagi Jana Balawegaya (SJB) Fonseka, on Thursday, said that every citizen should bear […]
The Cabinet of Ministers approved the following steps to be taken in accordance with the joint proposals presented by the Prime Minister, Minister of Tourism and Lands, Minister of Foreign Affairs and the Minister of Public Security with the aim of increasing the number of tourist arrivals to 5 million a year in the next […]
Sri Lanka President Ranil Wickremesinghe revealed that a Presidential Election is set to take place in 2024 in accordance with the Constitution of Sri Lanka.The post Sri Lanka’s presidential and parliamentary elections will be held in 2024 – President appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
Addressing the Special General Convention of the United National Party (UNP) held at the Sugathadasa Indoor Stadium in Colombo on Saturday (21)., President Ranil Wickremesinghe emphasized his commitment to bolstering the country’s economy by positioning Sri Lanka as a smart nation. The President outlined the timeline for upcoming elections in line with the constitutional provisions, […]
Sri Lanka has decided to continue to actively participate in the Belt and Road Initiative proposed by China. Issuing a joint statement, Sri Lanka reiterated that it will never allow any separatist activity against China on Sri Lanka‘s soil. The joint statement by China and Sri Lanka was issued following a visit to China by President Ranil Wickremesinghe […]
Maria Fernanda Garza, the Chair, of the International Chamber of Commerce (ICC), arrived in Sri Lanka today. The ICC, representing 170 countries with a corporate membership of 45 million companies, is the largest and most influential business organisation globally. Her first visit to Sri Lanka will encompass meetings with business and government leaders. Greeting her […]
Maria Fernanda Garza, the Chair of the International Chamber of Commerce (ICC), is set to visit Sri Lanka in October 2023. The ICC, representing 170 countries with a corporate membership of 45 million companies, is the largest and most influential business organisation globally. Only Chamber to represented in United Nations, WTO and WIPO. Her first […]
Output growth of South Asian countries, except Sri Lanka, is projected to remain stronger than in other regions of the world in the coming years, as per the World Bank’s latest South Asia Development Update, ‘Toward Faster, Cleaner Growth’. Growth in the region is stronger than elsewhere in the world, but it is nonetheless not […]
Australia is seeking trade and investment framework arrangement with Sri Lanka. Australian Assistant Minister for Foreign Affairs Tim Watts, MP, who is in Colombo for the Indian Ocean Rim Association (IORA) Council of Ministers said that their growing economic ties with Sri Lanka would be enhanced through the signing of a renewed Trade and Investment […]
Malaysia and Sri Lanka discussed ways to improve political, and economic ties during the ongoing visit of Malaysian Foreign Minister Dato Seri Diraja Dr. Zambry Abdul Kadir. The Malaysian Foreign Minister and his delegation had talks with Sri Lankan Foreign Minister Ali Sabry at the Foreign Ministry in Colombo. “We discussed on the ways to […]
by Shamindra Ferdinando SLMC Secretary M. Nizam Kariapper, PC, yesterday (08) said that the expulsion of Batticaloa District MP Zainul Abdeen Nazeer Ahamed from Parliament for switching allegiance to the government in violation of a decision by the party to vote against Budget 2022 would impact the upcoming vote on Budget 2024. Ahamed voted for […]
[…]The post Why The Shock Over IMF’s Diagnostic Report? appeared first on Colombo Telegraph.
By Sirimantha Rathnasekera Ceylon Workers Congress (CWC) leader and Minister of Water Supply and Estate Infrastructure Development, Jeevan Thondaman yesterday said that the plantation Tamil community still had to fight for due recognition even after 200 years of blood, sweat, toil and tears to nurture and serve this nation. Speaking at a ceremony held at […]
By Saman Indrajith The Budget 2024 process commenced yesterday with the government presenting the Appropriation Bill to Parliament. Pojected expenditure estimate amounts to 3.8 trillion rupees for the next financial year.The bill presented by Leader of the House Education Minister Susil Premajayantha has estimated the total government expenditure for 2024 at Rs 3,860,846,788,000. The bill […...
World Tourism Day, celebrated globally on September 27th, serves as a reminder of the pivotal role tourism plays in fostering economic growth, cultural exchange and environmental preservation. In commemoration of World Tourism Day, Browns Hotels & Resorts, a leading name in Sri Lankan hospitality, hosted a thought-provoking forum at their renowned coastal retreat, Thaala Bentota. […]
The Sri Lanka Freedom Party (SLFP) is desperate to reach a consensus with political parties in the Opposition. But the Opposition is very much reluctant to do so due to the SLFP leader Maithripala Sirisena’s fickle past and now again under intense fire over the 2019 Easter Sunday attack. Field Marshal Sarath Fonseka, no stranger […]